Brandon Single Detached Home Sales Set January Record

Sales of single detached homes in the City of Brandon recorded through the MLS® System of the Brandon Real Estate Board posted a record showing in January 2014.

Single detached home sales in the City of Brandon numbered 43 units in January, up 27 per cent on a year-over-year basis.

The median sale price for single detached homes was $219,900 in January 2014. This was a 12 per cent decrease from January 2013. Price measures often display increased volatility during the lower volume winter months.

Single detached properties spent longer on market before selling in January 2014 than they had a year earlier. The median number of days on market for single detached home sales rose by seven days to 40 in January 2014.

The dollar value of all single detached home sales in January 2014 totalled $9.6 million, seven per cent higher than the volume from a year earlier. This was a record for the month of January.


Important information

For more information on market statistics, available homes or on real estate in general, visit our web site at www.breb.mb.ca or call (204) 727-4672. The Brandon Real Estate Board is a non-profit organization representing more than 190 REALTORS® within the City of Brandon and rural areas.

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